The Board of Directors of the Reserve Bank of Tonga (NRBT) has decided to focus on two main goals in its August 2023 Monetary Policy Statement (MPS): first, to keep inflation below the 5% reference rate, including through seeking Government’s assistance in controlling domestic and wage inflation; and second, to provide targeted support towards economic recovery of vulnerable sectors to address supply shortages and promote business investments.
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Results for Reserve Bank of Tonga
Monday 11 September 2023
Nuku'alofa, Tonga
Thursday 25 November 2004
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Nuku'alofa, Tonga
The official Foreign Reserves held by the National Reserve Bank for October increased by $8.1 million from $79 million to $87.1 million, an amount equivalent to 5.4 months of imports of goods.
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Saturday 30 September 2000
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Nuku‘alofa, Tonga
While Tonga’s economy is under pressure from the Reserve Bank, because of a steep dive in the Foreign Reserve; and while the Private Sector and the government are preoccupied with far-sighted new projects in telecommunications, power generation and the marketing of Tongan produce overseas—projects that could secure a place for Tonga in the global economy of the 21st century—Parliament, somehow, has been looking inwards, and preoccupying itself with its internal affairs. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.
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Saturday 30 September 2000
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Nuku‘alofa, Tonga
Tonga’s struggle to maintain its foreign earnings at a level that will allow it to continue to trade with overseas countries, and to build up its economy so that it can be part of the so called Global Economy, remains an up-hill battle. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.
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